Q vs. TSM
Q (Qnity Electronics, Inc) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. Both are in the Technology sector — Q in Semiconductor Equipment & Materials, TSM in Semiconductors. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
Q vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, Q achieves a 74.17% return, which is significantly higher than TSM's 37.00% return.
Q
- 1D
- -8.24%
- 1M
- -4.90%
- YTD
- 74.17%
- 6M
- 73.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSM
- 1D
- -6.69%
- 1M
- -1.03%
- YTD
- 37.00%
- 6M
- 41.63%
- 1Y
- 106.65%
- 3Y*
- 63.20%
- 5Y*
- 30.42%
- 10Y*
- 35.23%
Q vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
Q Qnity Electronics, Inc | 74.17% | -15.76% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 37.00% | -0.06% |
Correlation
The correlation between Q and TSM is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025 | 0.54 |
Fundamentals
Q:
$29.87B
TSM:
$2.15T
Q:
$3.15
TSM:
$373.98
Q:
45.06
TSM:
1.11
Q:
70.39
TSM:
0.03
Q:
6.02
TSM:
0.52
Q:
4.16
TSM:
0.37
Q:
$4.95B
TSM:
$4.13T
Q:
$1.56B
TSM:
$2.55T
Q:
$1.06B
TSM:
$3.14T
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Return for Risk
Q vs. TSM — Risk / Return Rank
Q
TSM
Q vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Qnity Electronics, Inc (Q) and Taiwan Semiconductor Manufacturing Company Limited (TSM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| Q | TSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.96 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.82 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.03 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.65 | 0.36 | +1.29 |
Drawdowns
Q vs. TSM - Drawdown Comparison
The maximum Q drawdown since its inception was -27.12%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for Q and TSM.
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Drawdown Indicators
| Q | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.12% | -89.08% | +61.96% |
Max Drawdown (1Y)Largest decline over 1 year | — | -18.14% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -36.82% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.47% | — |
Current DrawdownCurrent decline from peak | -15.58% | -7.06% | -8.52% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -42.88% | +34.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.05% | — |
Volatility
Q vs. TSM - Volatility Comparison
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Volatility by Period
| Q | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.23% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 28.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 56.52% | 36.25% | +20.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.52% | 37.38% | +19.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.52% | 34.18% | +22.34% |
Dividends
Q vs. TSM - Dividend Comparison
Q's dividend yield for the trailing twelve months is around 0.15%, less than TSM's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Q Qnity Electronics, Inc | 0.15% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.80% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
Q vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Qnity Electronics, Inc and Taiwan Semiconductor Manufacturing Company Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Q vs. TSM - Profitability Comparison
Q - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Qnity Electronics, Inc reported a gross profit of 0.00 and revenue of 1.32B. Therefore, the gross margin over that period was 0.0%.
TSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 759.06B and revenue of 1.15T. Therefore, the gross margin over that period was 66.3%.
Q - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Qnity Electronics, Inc reported an operating income of 0.00 and revenue of 1.32B, resulting in an operating margin of 0.0%.
TSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 664.08B and revenue of 1.15T, resulting in an operating margin of 58.0%.
Q - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Qnity Electronics, Inc reported a net income of 162.00M and revenue of 1.32B, resulting in a net margin of 12.3%.
TSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 578.40B and revenue of 1.15T, resulting in a net margin of 50.5%.
Frequently Asked Questions
Q and TSM have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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